News & Updates

Archive: 2012

Even houses that may require major repairs are selling well in Christchurch, the Real Estate Institute says. Sales of properties rated in technical category three (TC3), meaning further investigation is required to determine whether major repairs are needed, are beating sales expectations, an analysis of sales shows.31-10-2012 more >>

Some property investors will feel the sting of the Governmentâ€™s moves to tackle housing affordability, but not as sharply as they might have, says the New Zealand Property Investors Federation.30-10-2012 more >>

A new website designed to help would-be sellers find real estate agents is helpful but wonâ€™t replace word-of-mouth recommendations, says Real Estate Institute president Helen Oâ€™Sullivan.29-10-2012 more >>

The decision this morning to leave the official cash rate (OCR) unchanged at 2.5% hasnâ€™t surprised anyone â€“ but the hint of optimism included with the Reserve Bank governorâ€™s statement has.25-10-2012 more >>

Dealing with problem tenants could become a lot more expensive under changes to the judicial system being proposed by the Government. Geoff Knight, of debt recovery and collection service CIA, said many landlords would give up on recovering money they were owed from errant former tenants if the new fees scheme was adopted.23-10-2012 more >>

Commercial property owners are being offered a new insurance policy that covers environmentally friendly reconstruction. Itâ€™s been developed by insurance broker Apex General in partnership with NZI.17-10-2012 more >>

BNZ chief economist Tony Alexander says central banks around the world are pursuing a â€œhair of the dog that bit youâ€ solution to the global financial crisis, by flooding the market with cash.12-10-2012 more >>

Otago Universityâ€™s Students Association says the condition of the flats judged among the cityâ€™s worst is a reminder that tenants should issue their landlords with 14-day notices to rectify when things arenâ€™t right.12-10-2012 more >>